Research Calls
- Upgrades:
- Coupang (CPNG) upgraded to Outperform from Neutral at Credit Suisse; tgt lowered to $19
- First Republic Bank (FRC) upgraded to Overweight from Neutral at Atlantic Equities; tgt lowered to $188
- Sitio Royalties Corp. (STR) upgraded to Outperform from Sector Perform at RBC Capital Mkts; tgt raised to $43
- Downgrades:
- Duck Creek Technologies (DCT) downgraded to Mkt Perform from Mkt Outperform at JMP Securities
- Duck Creek Technologies (DCT) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $16
- FedEx (FDX) downgraded to Hold from Buy at Berenberg; tgt lowered to $275
- Huntington Banc (HBAN) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $14.50
- Live Oak Bancshares (LOB) downgraded to Neutral from Overweight at JP Morgan; tgt lowered to $41
- Micron (MU) downgraded to Neutral from Buy at BofA Securities; tgt lowered to $62
- XPeng (XPEV) downgraded to Neutral from Buy at Nomura; tgt lowered to $36.30
- ZIM Integrated Shipping (ZIM) downgraded to Underperform from Buy at BofA Securities; tgt lowered to $40
- Others:
- Alvotech (ALVO) initiated with a Hold at Deutsche Bank; tgt $10
- Comcast (CMCSA) initiated with an Outperform at Daiwa Securities; tgt $43
- Cousins Prop (CUZ) initiated with a Peer Perform at Wolfe Research
- Harley-Davidson (HOG) initiated with a Neutral at DA Davidson; tgt $35
- Paramount Global (PARA) initiated with a Neutral at Daiwa Securities; tgt $26
- VectivBio (VECT) initiated with an Overweight at Piper Sandler; tgt $23